Which of the following is a benefit of mathematical modeling as a marketing research method?
A)It generates a substantial number of ideas when compared with other methods.
B)It is involved in the analysis and interpretation of primary data exclusively.
C)It provides an efficient way to study problems with extremely large secondary data sets.
D)It is ideal for investigating customer beliefs,attitudes,satisfaction,and other issues.

Question

Quizplus · Accepted Answer

Mathematical modeling is very effective when analyzing large sets of data. This makes it an efficient method in studying problems with large secondary data sets.

Which of the Following Is a Benefit of Mathematical Modeling